Indianapolis, Ind. – ChaCha, the operator of a real-time
answers service targeted at teens and young adults, said on Thursday that it
has raised $20 million in new financing, from new investors VantagePoint
Venture Partners and Rho Ventures.
Five-year-old, Indiana-based ChaCha has
answered nearly 1 billion questions in the past two years, and reaches over 15
million unique monthly visitors through its website and mobile platforms.
company has worked with brand advertisers including Paramount Pictures,
McDonald’s, Palm and AT&T.